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Strategy of Development in India in Early Years of Independence – A Critique

The present article is a treatise on the Nehruvian economic policy in early years of independence of India. In this article the author has taken care to answer to some of the question posed by the modern day economists who are of the opinion that Nehruvian economic policy in the formative years is the major cause for the economic backwardness of India.

Will This New Stimulus Plan Help the Housing Market in the USA?

The housing market turmoil has played a pivotal role in the economic and credit mayhem that spread across U.S. and worldwide, with countless number of U.S. homeowners saddled with mortgages they are unable to pay. If one were to compare the reason for recession of the economy with that during the Great Depression, one could easily conclude that this economic crisis is no less severe.